Mark Rantall steps down from FPA board

Former FPA chief executive Mark Rantall will step down from his role on the professional association’s board of directors effective today.

Mr Rantall served as the association’s chief executive between July 2010 and February 2016, and stayed on as a member of the FPA’s board after that.

“On behalf of the FPA board and all our members, I sincerely thank Mark for his dedication to the financial planning profession and his commitment to the FPA,” said FPA chair Neil Kendall.

“He has been with us on our journey to reach higher education and advice standards, and has tirelessly campaigned to ensure both members and consumers benefit from proposed industry and government reforms. He has also helped grow both the CFP mark and number of CFP professionals in Australia.”

Mr Rantall will be replaced by Coca-Cola Amatil group company secretary and corporate council Jane Bowd, who will commence in her role as a member of the board on 1 March 2018.

Last week, Mr Kendall spoke with ifa regarding advisers’ concerns about incoming education standards, saying the proposed ’10-year rule’ does not exist, and that so far FASEA’s proposals mirrored the association’s CFP program in many aspects.